June 3rd, 2018
OTTAWA — The Bank of Canada kept its key interest rate target on hold Wednesday, but noted the Canadian economy was a little stronger than expected in the first quarter, … [read more]
June 3rd, 2018
For the first quarter of 2018, industry watchers were predicting that the cooling seen in the housing market would start to reverse course by the spring. But so far that … [read more]
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June 3rd, 2018
Flower farmer Joanne Feddes offers her top tips for creating a floral arrangement from the ground up. 1. Choose the right location. The majority of flowers love sunshine, so site … [read more]
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June 2nd, 2018
Baby boomers and retirees now account for 91% of recreational property sales in Canada, according to an annual survey of the recreational residential market by Leger for Re/Max Canada. This … [read more]
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June 2nd, 2018
I will be hosting an Open House on Sunday June 3rd 2-4 pm at #302 – 7321 Halifax St Burnaby. This is an opportunity to visit this 992 sqft 2 … [read more]
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June 2nd, 2018
The Canadian economy grew just 1.3% in the first quarter of 2018, as consumer spending and the housing market continued to under perform. But that wasn’t the only story linking … [read more]
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June 2nd, 2018
Although provinces like Ontario and BC have enacted legislation aimed at cooling activity in their white hot housing markets, housing affordability continues to deteriorate in those provinces’ major urban centres … [read more]
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June 1st, 2018
Amid ever-increasing price and supply pressures, Canada’s millennials are now more open to the idea of becoming landlords and sharing their spaces with other people, according to CIBC’s latest poll … [read more]
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June 1st, 2018
Just Listed – #302 – 7321 Halifax St Burnaby. Open House Sunday June 3rd 2-4pm. The Ambassador – bright and spacious 992 sqft 2 bdrm SE-facing corner unit, features over-sized … [read more]
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June 1st, 2018
Canada’s biggest banks are reporting their second quarter earnings this week, and at least one appears to be experiencing a serious cutback in the number of mortgage applications it’s been … [read more]
Comments Off on Canadian Mortgage Applications will Remain Low in the 2nd Half of 2018
June 1st, 2018
As the weather warms up, industry experts agree that home sales and prices will continue cooling in Metro Vancouver as the market adjusts to stricter mortgage regulations and new BC … [read more]
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May 31st, 2018
Perhaps to the surprise of many, the majority of adult Canadians between the ages of 23 and 38 have already bought a home, according to study from Genworth Canada. Millennials, … [read more]
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May 31st, 2018
Many house hunters are under the mistaken impression that new construction is flawless, a perception that may be challenging to wrestle with if your seller’s home is surrounded by brand-new … [read more]
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May 31st, 2018
Home sales in Canada fell almost 3% month on month in April while prices have also been falling, down over 11% year on year, the latest national index shows. About … [read more]
Comments Off on New Mortgage Tests Still Impacting Property Market in Canada with Sales & Prices Down
May 31st, 2018
BCREA 2018 Second Quarter Housing Forecast Update Vancouver, BC – May 31, 2018. The British Columbia Real Estate Association (BCREA) released its 2018 Second Quarter Housing Forecast today. Multiple Listing … [read more]
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May 30th, 2018
Life is full of milestones and experiences, ups and downs, and lessons learned. As children, we learn how to walk, talk, and care for ourselves from our parents. As teenagers, … [read more]
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May 30th, 2018
If you’re a real estate aficionado (and, let’s face it, that’s most of us in this real estate-obsessed country), you’ve likely heard more than a few rumblings about increasing mortgage … [read more]
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May 30th, 2018
For years, economists have written about a major boon to the Canadian economy : the country’s red hot housing market. Many have speculated that historically low interest rates have allowed … [read more]
Comments Off on Canada’s Lack of Export Success is Partially to Blame Placed Upward Pressure on Home Price
May 30th, 2018
Housing markets continue to struggle in Canada. The April sales numbers are in and they are not pretty. Housing markets across Canada are still struggling to ward off the stresses … [read more]
Comments Off on Housing Markets Set for Another Summer of Discontent & Mortgage Rules Are to Blame
May 29th, 2018
It doesn’t make sense to pay a third party to arrange to pay off your mortgage early. As the housing market continues at a hot pace, many different types of … [read more]
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May 29th, 2018
Spring is typically home-selling season in Canada. As soon as the snow melts, the market is virtually guaranteed to see a surge in new listings. But April seems to have … [read more]
Comments Off on Canadian Sellers Are “Unimpressed” with the Spring Housing Market
May 29th, 2018
Timing is everything in cyclical markets like housing, but can you afford to wait for a recovery? History tells us that with very rare exceptions, no matter how far property … [read more]
Comments Off on Still Waiting for The Bank of Canada’s Promised Real Estate Rebound?
Comments Off on Bank of Canada Keeps Key Interest Rate Target on Hold at 1.25%